Finance Schools in South Carolina
This guide provides information for those interested in finance degrees in South Carolina. Universities in the state provide a wide range of finance program options, from Master of Business Administration (MBA) degrees with finance concentrations to Master of Science in Finance (MSF) degrees. Some programs are available in an accelerated format, while others aimed at working professionals can be completed through evening classes or completely online. A student with a master of finance degree in South Carolina may have an advantage finding career opportunities in positions such as financial analyst, financial manager, and personal financial advisor. The information below offers details on different types of degrees, program specifics, and post-graduation career prospects in South Carolina’s finance industry.
Finance Program Stats
- There are 8 four-year not-for-profit colleges and universities with finance degree programs in South Carolina.1
- 2 schools offer a master’s or advanced degree in finance.1
- Highest graduation rate*: Clemson University 81%.1
- Highest transfer-out rate*: Francis Marion University 34%.1
- Highest net price per year*: Wofford College $25,648.1
- Lowest net price per year*: Francis Marion University $10,070.1
- Annual undergraduate tuition range for finance programs in South Carolina*: $10,428 – $40,245.1
- No schools in the Businessweek’s Top Business Undergraduate Programs in 2016.2
- 1 school in the US News Best Business Graduate Schools in 2017 (top 100): University of South Carolina Darla Moore School of Business (#71).3
*For 4-year not-for-profit colleges and universities that offer a finance degree program.
Schools in South Carolina with Master’s in Finance Degrees
Traditional Master’s in Finance Programs
Charleston Southern University
The Graduate School of Business at Charleston Southern University’s Master of Business Administration (MBA) program is designed for the working professional. The curriculum is 33 credit hours and can generally be completed in two years. Students can choose between on-campus, evening, or online courses. The core classes focus on financial management, strategic planning, managerial accounting, investments, and international finance. After completing the foundational courses, students can choose their electives to earn a degree emphasis such as accounting, finance, management information systems, or human resource management. Students without a background in business or an undergraduate degree in business may need to complete additional courses before starting the program.
College of Charleston
The College of Charleston offers a Master of Business Administration (MBA) degree in a concentrated one-year format. This accelerated program is ideal for those with recent undergraduate degrees or those looking to change their careers. Before classes begin in August, students take three online business foundation courses. The curriculum includes core classes such as accounting, financial management, marketing management, the global economy, and operations management. Students can then tailor their electives to choose a focus like finance, hospitality revenue management, or marketing. The finance concentration curriculum teaches advanced financial modeling, cash flow analysis, and risk management. The program emphasizes a global curriculum and leadership skills to prepare students for challenges in the business world.
University of South Carolina
At the Darla Moore School of Business at the University of South Carolina, students can earn a Master of International Business (MIB) degree. This program is highly customizable, and students can take interdisciplinary courses in the College of Arts and Sciences and the School of Law as well. The curriculum emphasizes a broad and global approach to international business and government interactions. In addition to classroom work, students also attend weekly professional development activities. USC also offers a two-year double degree option. Students can earn one degree from the Moore School of Business and a second degree from an international partner university. Graduates with MIB degrees can go on to work for multinational corporations, international organizations, and governmental organizations.
Online Master’s in Finance Programs
University of South Carolina
The Darla Moore School of Business at the University of South Carolina offers an online Professional Master of Business Administration (PMBA). This program is designed for professionals who are working while earning their advanced degree. Classwork is completed through online courses and occasional day-long residences at regional classrooms around the state. Students gain a strong foundation in business functional areas and can specialize in subjects such as international business, finance, innovation/entrepreneurship, and marketing. An additional graduate certificate in business analytics is also available to students. Graduates can access the university’s career development services and alumni network to develop future career opportunities.
Limestone College offers an online Master of Business Administration (MBA) degree for working professionals. Students can complete the MBA completely online. The academic program is 22 months including three residency weekends on the Gaffney campus. Students study key business foundations such as management, marketing, accounting, finance, business law, and ethics. Students without a business background may need to complete additional prerequisites. The curriculum also focuses on professional development, strategic thinking, leadership, communication, and problem-solving.
South Carolina Career Opportunities for Graduates
South Carolina, the 23rd most populous state in the nation, is home to many companies that may offer career opportunities to students who have completed a master’s in finance. Urban centers such as Charleston, Columbia, Mount Pleasant, and Greenville are home to many financial institutions, including state banks and financial services institutions. The state economy is comprised of many different industries such as agribusiness, aerospace manufacturing, automotive manufacturing, and shipping and logistics. Companies with offices in South Carolina like Boeing, Domtar, and BMW may have opportunities in financial roles. Students with advanced degrees in finance may have an advantage finding finance positions among the many companies that are located in South Carolina.
South Carolina Finance Job Information
|Occupation||Number Employed||Average Salary|
|Business and Financial Operations Occupations||74,980||$60,870|
|Financial Specialists, All Other||870||$62,370|
|Personal Financial Advisors||1,680||$109,370|
Data from the Bureau of Labor Statistics as of 2017.4
South Carolina Salary and Job Outlook
There are many possible career opportunities within the finance industry in South Carolina for students with degrees in finance. Due to a generally low cost of living in the state, many positions in South Carolina pay an average annual wage that is lower than the national average.5 However, growth projections in the state are comparable to national averages. Financial examiner positions in the state are projected to grow at a rate of 15.1% annually through 2024, compared to the national average of 9.7%.6 Personal financial advisors earn an average annual salary of $109,370 in South Carolina, less than the national average of $123,100, but these positions are projected to grow at a rate of 20.2% (or 120 positions annually).4,7,6 Loan officers in the state earn an average of $68,000 annually (compared to the national average of $88,940).4,8 Students with master’s in finance degrees in South Carolina can pursue careers in these positions or other roles within the finance industry upon graduation.
- South Carolina Association for Financial Professionals (SCAFP) – Professional organization focusing on continued education of members. SCAFP also hosts regional networking events.
- Government Finance Officers Association of South Carolina (GFOASC) – Group advocating for professional standards in the public funds industry. GFOASC offers continued education courses and hosts an annual conference for government finance officers in the state.
- Financial Planning Association of South Carolina (South Carolina FPA) – Organization for those in the financial planning industry. Group advocates for the industry as a whole and also hosts educational seminars and chapter meetings.
Directory of South Carolina Master’s in Finance Programs
Charleston Southern University
9200 University Blvd
Charleston, SC 29406
University of South Carolina-Columbia
1400 Greene St
Columbia, SC 29208
1. National Center for Education Statistics (NCES): https://nces.ed.gov/collegenavigator/
2. Bloomberg, Best Undergraduate Business Schools 2016: https://www.bloomberg.com/features/2016-best-undergrad-business-schools/
3. US News & World Report, Best Business Schools in 2017: https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings
4. Bureau of Labor Statistics, Occupational Employment Statistics, May 2016 State Occupational Employment and Wage Estimates, South Carolina: https://www.bls.gov/oes/current/oes_sc.htm
5. Sperling’s Best Places, South Carolina State Cost of Living: http://www.bestplaces.net/cost_of_living/state/south-carolina
6. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm
7. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Personal Financial Advisors: https://www.bls.gov/oes/current/oes132052.htm
8. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Loan Officers: https://www.bls.gov/oes/current/oes132072.htm